POLS 3790 Lecture 17: Lecture 17 - POLS
9 Mar 2017
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Document Summary
The "africa rising" narrative infuses financial journalism and international financial institutions. The african development bank and un economic commission for africa continue to push this narrative even as the commodities "boom" has turned to "bust: after africa rising. Questions raised about excessive optimism by journalists and academics. Morten jerven pushed back against this narrative and met stiff resistance at the peak of the boom. The is the broader politics within which we can situate the politics of commodities in africa today: dominant narrative on commodities and development in africa. Value addition and economic diversification are possible and achievable with appropriate policies that incentivize investors. Africa"s strong integration into global value chains understood as a strength, not a weakness. The raw material for industrialization are abundant: the outsider response: "think again" Infant industry protection and the state-based tools all presently. "developed" countries use to become wealth are exceedingly difficult to realize in the african context.
